Concordium Grants
Purpose
The private family office of Lars Seier Christensen, Chairman of the Concordium Foundation, has decided to allocate an investment pool of initially EUR10m to projects and use cases building on the Concordium blockchain.
There is a wealth of young entrepreneurs with great ideas for what blockchain technology can be applied to in the future and Seier Capital wishes to expand its exposure to these companies of the future.
The new pool of EUR10m is dedicated primarily to helping new projects get off the ground and accelerate projects and/or incentivize them to migrate to and use the unique ecosystem and features of the Concordium blockchain.
The money will be allocated both as grants to projects choosing to build on Concordium or integrated in project.
Investments
Start-up grants of EUR 5,000-50,000
These grants will be offered to develop promising ideas and projects to a seed capital or MVP level and to help students and young entrepreneurs testing their vision in real life. Grants will be released according to an agreed project delivery schedule. The process for achieving a grant is simple and quick. In return, Seier Capital will receive a possibility of converting the grant to equity at the seed round of the project.
- 1/3 upon presentation of an approved project deck.
- 1/3 upon launching the project MVP on Concordium testnet.
- 1/3 upon launching BETA project on Concordium mainnet.
- Possibility of converting the grant to equity at the seed round of the project.
We Invest in
Below you will find some of our current investments:
Transcending the concept of fine dining.
The main dining room at the immersive restaurant Alchemist.
In 2017, I heard about a new exciting restaurant in Copenhagen. I went to the small 15-seater bar, had 45 courses, and was blown away by the originality and the often controversial messages accompanying the dishes. I told the owner/chef Rasmus Munk that if he ever wanted to take this to the next level, I was in.
Shortly thereafter, we embarked on a massive project, creating a whole new, technology-based concept and two years later, we opened Alchemist in its second iteration. Despite a difficult start with the pandemic, the restaurant was successful from day one.
Alchemist now has two Michelin stars, is number 18 on the World’s Best Restaurants List, and currently has a waiting list of 35,000 guests.
An iconic place - Café Dan Turéll is back.
The mirrors, the beautiful French decor, the striking colour, the pinball machine and the jukebox, is what make Café Dan Turéll an iconic place.
When I went to high school, almost every night I and a small group of close friends went to this iconic bar. Opening in 1977, it was one of the first French-inspired cafes in Copenhagen, and completely different from the drab, brown bodega scene that dominated Copenhagen in the seventies. Cafe Dan Turell quickly became a favourite hangout of artists, musicians and journalists.
Named after the great Danish poet Dan Turell (the founder was his publisher), the cafe went downhill in recent years, and I bought it in 2019. After a complete renovation to bring back its former glory, the cafe is now again filled with lights, cocktails, 80s music and I often hang out there myself when in Copenhagen.
With an impeccable talent for storytelling, CC delivers tailor-made content, PR and communication strategies.
With their strong roots in journalism and impeccable talent for storytelling, CC creates high-end content and communication strategies, tailored to fit their clients’ needs.
Community Content is a successful PR/communications agency, founded by Helle Retbøl Carl. The agency has run major campaigns for Carlsberg, Nykredit, various Danish ministries and other corporates.
I invested in the business from the outset in 2016, intending to have a communications specialist in my portfolio.
The first blockchain with ID at the protocol level.
Concordium is a public-layer 1, science-backed blockchain, designed to balance privacy with accountability through its ID layer
I have followed the blockchain and crypto space for more than 10 years. Originally an enthusiastic ambassador for Bitcoin and Ethereum, I eventually became concerned about aspects hindering mass adoption, in particular anonymity, lack of scalability and a general mistrust of regulation.
Having been the co-founder and co-CEO of Saxo Bank for more than two decades, I became convinced that the same regulatory developments we experienced in TradFi would eventually also make their way to the crypto space. Therefore, I founded Concordium in 2018, a compliance-ready layer one blockchain that combines all the great features of a distributed, permissionless blockchain with a focus on ID and complying and accepting the general expectations of the society around us. Based on world-class cryptographic science, Concordium aims to become a leading layer one blockchain, providing true scalability, and a trustworthy and stable foundation for real business use.
We mostly invest in blockchain projects!
Do you want to contact Seier Capital regarding other projects or inquiries, you can do so at our Contact Page.
